MANAMA: Khaleeji Commercial Bank (KHCB) and the Bahrain Institute of Banking and Finance (BIBF) have announced their strategic partnership to launch The Economic Diversification Forum later this month.
To be held on November 19 and 20 at the Four Seasons Hotel Bahrain Bay, the forum will focus on the importance of economic diversification for Bahrain’s economy under the theme “Working together for a sustainable future”.
The forum will take place under the patronage of the Economic Development Board (EDB) and will feature both international and local experts coming together to deliver insightful sessions and stimulating panel discussions focused on the new economic conditions.
Specialised workshops will also be held, giving the participants a more comprehensive overview of economic prospects and current threats to financial and economic stability, in addition to prospects of support for entrepreneurs in the kingdom.
“Our future prosperity depends upon our ability to continue to diversify our economy – and in order to do that we need to be able to create a supportive business environment in which the private sector can thrive,” said EDB chief executive Khalid Al Rumaihi.
“Recent government initiatives and policy reforms are significantly improving the operating environment here and enhancing the support already available to start-ups. I look forward to hearing directly from companies and entrepreneurs about what more we can do to meet their needs going forward.”
KHCB chairman Dr Ahmed Al Mutawa said, “We believe our national responsibility is to highlight the efforts of our kingdom in economic diversification. This will no doubt, have a sound impact on all organisations private and public, leading to the well-being of citizens and the prosperity of Bahrain.”
BIBF deputy director Dr Ahmed Al Shaikh said, “Amidst a modern economic market structure comes exciting potential for growth and revolution that can further elevate business prospects and expand human potential.”